EDISON, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LITERACY NEW JERSEY INC, founded in 1979, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024.
LITERACY NEW JERSEY, INC. EXISTS SO ALL ADULTS HAVE THE OPPORTUNITY TO READ, WRITE, AND COMMUNICATE EFFECTIVELY. THIS IS DONE BY TRAINING VOLUNTEER TUTORS TO HELP ADULT LEARNERS AND BY SUPPORTING A NETWORK OF LITERACY PROGRAMS.
THE ORGANIZATION PROVIDES FREE INSTRUCTION TO ADULTS WHO NEED HELP WITH READING, WRITING, MATH AND SPEAKING ENGLISH. TRAINED VOLUNTEER TUTORS WORK WITH ADULTS ONE-TO-ONE OR IN SMALL GROUPS TO HELP...
THE ORGANIZATION PROVIDES FREE INSTRUCTION TO ADULTS WHO NEED HELP WITH READING, WRITING, MATH AND SPEAKING ENGLISH. TRAINED VOLUNTEER TUTORS WORK WITH ADULTS ONE-TO-ONE OR IN SMALL GROUPS TO HELP THEM IMPROVE THEIR LITERACY AND LITERACY SKILLS SO THEY CAN REACH THEIR LIFE GOALS. THE ORGANIZATION:PROVIDES FREE ADULT LITERACY SERVICES IN TEN COUNTIES: ATLANTIC, BURLINGTON, CAPE MAY, GLOUCESTER, MERCER, MIDDLESEX, MONMOUTH, OCEAN, SUSSEX, UNION, WEST HUDSON; PROVIDES COMPREHENSIVE TRAINING TO PREPARE COMMUNITY VOLUNTEERS TO TUTOR ADULTS; PROVIDES PROFESSIONAL DEVELOPMENT, TECHNICAL ASSISTANCE, TRAINING AND OTHER SUPPORT SERVICES TO AFFILIATE MEMBER PROGRAMS; DEVELOPS AND DISSEMINATES INSTRUCTIONAL MATERIALS AND TRAINING ON KEY TOPICS IN ADULTLITERACY; AND, ADVOCATES ON BEHALF OF A STATEWIDE NETWORK OF PROGRAMS FOR INCREASED FUNDING ANDINCREASED VISIBILITY FOR THE NEED OF ADULT LITERACY SERVICES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,123,534 | $2,012,678 | +0.1% |
| Expenses | $2,214,649 | $2,022,073 | +0.1% |
| Net Income | $-91,115 | $-9,395 | +8.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRISTINE D'AGOSTINO | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK RICHARDS | PRESIDENT ELECT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEXANDER DUNDARA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VICKI BEYER ESQ | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENISE KEYSER ESQ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JUNEL HUTCHINSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAYANA SHAH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SABLE LOMAX | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KARLENE O'CONNOR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH GLOEGGLER | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$109,008 | $0 | $109,008 |
| JESSICA TOMKINS | CHIEF OPERATING OFFICER | 40.00 |
Officer
|
$109,008 | $0 | $109,008 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,123,534 | $2,214,649 | $1,015,542 | $-91,115 |
| 2024 | $2,012,678 | $2,022,073 | $1,062,420 | $-9,395 |
| 2023 | $1,684,091 | $1,682,893 | $1,094,832 | $1,198 |
| 2022 | $1,216,240 | $1,231,028 | $1,078,186 | $-14,788 |
| 2021 | $1,275,157 | $1,129,197 | $760,234 | $145,960 |
| 2020 | $1,115,068 | $1,088,895 | $760,449 | $26,173 |
| 2019 | $875,628 | $966,124 | $152,625 | $-90,496 |
| 2018 | $875,828 | $846,784 | $211,166 | $29,044 |
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